Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Or refine your search by selecting a city:
Refine your search by selecting a city.
Board of Investment (BOI) in Cyprus refers to the government agency responsible for promoting and regulating investments in the country. It aims to attract foreign investment and stimulate economic growth by offering incentives and support to investors.
You may need a lawyer for assistance with navigating the legal requirements and regulations related to investment in Cyprus. A lawyer can help you understand your rights, obligations, and options when dealing with the Board of Investment (BOI).
Local laws in Cyprus governing investments are designed to create a favorable environment for investors. Key aspects include incentives for foreign investors, tax benefits, and regulations regarding business activities.
The BOI offers incentives such as tax breaks, grants, and access to skilled labor to attract foreign investment.
Most types of businesses are eligible for BOI incentives, but certain sectors may have specific criteria for eligibility.
You can apply for BOI incentives by submitting an investment proposal and fulfilling the necessary requirements outlined by the agency.
Cyprus offers tax benefits such as low corporate tax rates, tax exemptions on dividends, and no capital gains tax for certain investments.
Investors need to be aware of regulations related to company formation, employment practices, and compliance with international standards.
Yes, a lawyer can assist you with preparing and submitting your BOI application, ensuring that it complies with all legal requirements.
Non-compliance with BOI regulations can result in fines, sanctions, or revocation of incentives. It is important to stay informed and adhere to the laws.
The time taken to receive a decision on a BOI application can vary depending on the complexity of the investment proposal and the volume of applications being processed.
There are no restrictions on repatriating profits from investments in Cyprus, making it an attractive destination for investors.
You can research online, ask for recommendations from other investors, or contact legal associations in Cyprus to find a reliable lawyer with expertise in BOI matters.
For further information on Board of Investment (BOI) in Cyprus, you can visit the official website of the agency or consult with the Cyprus Investment Promotion Agency for guidance on investment opportunities.
If you require legal assistance with Board of Investment (BOI) matters in Cyprus, it is advisable to contact a qualified lawyer with experience in investment law. They can provide you with valuable insights and guidance on how to proceed with your investment plans.
